Digital Transformation Market
Digital Transformation Market Study by Cloud Computing, Big Data & Analytics, Mobility/Social Media, Cybersecurity, Artificial Intelligence, and Internet of Things from 2024 to 2034
Analysis of Digital Transformation Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Digital Transformation Market Outlook (2024 to 2034)
The global digital transformation market has been calculated at US$ 791.4 billion for 2024. Expanding at a CAGR of 12.8%, revenue from digital transformation technologies is expected to reach US$ 2,639.4 billion by 2034.
With a rising inclination toward new digitalized setups, various technically advanced products and services are expected to enter the market, thereby, expanding the market size. Digital transformation is simplifying daily business operations. It assists organizations in saving time and effort and using resources in a sustainable manner. The benefits of digital transformation motivate conventional business organizations to automate, thus reducing the chance of errors.
With the advent of blockchain, quantum computing, predictive analysis, artificial intelligence (AI), machine learning (ML), and others, the market is expected to hold various remunerative opportunities in the coming 10 years. Also, with workflow becoming more systematic for daily operations, organizations are likely to adopt the digital transformation at a rapid pace.
IoT (Internet of Things) is also witnessing a significant demand in various industries including manufacturing, automotive, and healthcare. With the rising inclination of organizations towards modern business strategies, IoT is likely to gain significant traction in the coming decade.
- North America is projected to hold 24.3% of the global digital transformation market share by 2034.
- The East Asian digital transformation market size is estimated at US$ 177.3 billion for 2024.
| Report Attributes | Details |
|---|---|
| Digital Transformation Market Size (2024E) | US$ 791.4 Billion |
| Forecasted Market Value (2034F) | US$ 2,639.4 Billion |
| Global Market Growth Rate (2024 to 2034) | 12.8% CAGR |
| South Korea Market Value (2034F) | US$ 140.8 Billion |
| Key Companies Profiled | Kellton Tech Solutions Ltd.; Microsoft Corporation; Salesforce, Inc.; Accenture Plc.; Adobe Systems Inc.; IBM; Oracle; Hewlett Packard Enterprise Co.; International Business Machines Corporation; Dell EMC; Dempton Consulting Group; Google Inc.; Happiest Minds; Broadcom, Inc.; Cisco Systems, Inc.; SAP SE; TIBCO Software |
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How is Digital Transformation Changing the Business World?
“Adoption of Robotics and Automation Move toward Digital Transformation”
Dynamic developments in the information technology sector are expected to boost the digital transformation market growth during the forecast period. Industrial robots are likely to play an important role in digital transformation as robots handle various important operations in industries. Several industries are adopting various robots to perform repetitive actions, thus contributing to digital transformation.
The latest development in industry 4.0 is facilitating single-axis robots, SCARA robots, collaborative robots, and AI-powered robots. These advanced machines are helping the robotics industry to evolve significantly, streamline various processes, lessen errors, and enhance efficiencies. Increasing safety in the workplace and the growing manufacturing capacity are resulting in a massive rise in investment in robotic systems.
Established organizations are launching various collaborative robots such as ABB’s YuMi, and KUKA’s LBR iiwa, that increase workers’ safety. Plug-and-play collaborative robots are garnering massive traction. The rise in demand for plug-and-play robots can be credited to their ease of use.
“Digital Technologies Transforming Traditional Business Models into Advanced Business Strategies”
Various established firms have started adopting big data and analytics, AI, and other technologies to offer modern products and services and gain a competitive edge in the global industry. Also, the adoption of digital technologies offers several opportunities and allows enterprises to gain customer-centric business models. A majority of organizations are following digital process, principally focused on the growing demand for technologies for digital transformation across various verticals.
With the ever-evolving regulatory environment, organizations are moving towards a new customer engagement era where digital technologies are playing a crucial role. Organizations are producing a massive amount of data that demands technological support such as ML algorithms and strong analysis to develop insights, contributing to the importance of digital transformation. Enterprises are also adopting modern technologies, such as cloud computing, and edge computing to drive organizational growth.
What Can Hamper the Sales Growth of Smart Digital Technologies?
“Security Concerns Associated with Digital Transformation”
Volume of cyberattacks and security breaches is expected to gain momentum with the surge in digital transformation. With the rising number of IoT-based endpoints, privacy and security issues are expected to increase since these endpoints are more vulnerable to cyberattacks.
Security and privacy of enterprises’ data is a significant issue. There is an urgent need for robust privacy as IoT and cloud technologies are gaining traction. Cybercriminals are leveraging digital transformation to attack systems and confidential data. Ransomware attacks have become a common method to gain access to confidential data.
- For instance, high-profile cases Irish Health Service and Colonial Pipeline became international news where attackers demanded a massive amount of money from these organizations.
Start-up Ecosystem :
- Croatian-based start-up Spotsie offers an IoT-based technology for real-time asset positioning in large indoor spaces and explosive environments. The company integrates battery-independent low-energy beacons, which gather location data, and cloud-based analytics to track the location of assets and generate insights.
- AHX.ai, founded in 2022, is a United Kingdom-based start-up that provides a platform for predictive intelligence for product quality monitoring in manufacturing industry. The platform leverages AI for production optimization, asset maintenance, and dynamic scheduling.
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Country-wise Analysis
Increasing industrial activities and the growing automation in various sectors are contributing to sales of digital technologies in the United States. The United States is a big marketplace and the presence of several major organizations is driving the adoption of smart technologies.
Which Aspects are Boosting Adoption of Digital Technologies in the United States?
“Surge in Industrial Activities Pushing Demand for Advanced Digital Systems”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 84.2 Billion |
| Growth Rate (2024 to 2034) | 13.3% CAGR |
| Projected Value (2034F) | US$ 292.5 Billion |
Increasing penetration of IoT amongst various industries such as manufacturing, retail, healthcare, and others is likely to play a key role in strengthening the United States market growth. Also, rising industrial activities are encouraging United States organizations to implement digital technologies.
Digital transformation demands robust IT support, which is easily available in the country. The country is witnessing dominance in advanced programming and software solutions credited to modern automotive operations and manufacturing.
What is the Demand Outlook for Digital Technologies in South Korea?
“Favorable Government Policies Increasing Adoption of Digital Workplace Technologies”
| Attribute | South Korea |
|---|---|
| Market Value (2024E) | US$ 39.4 Billion |
| Growth Rate (2024 to 2034) | 13.6% CAGR |
| Projected Value (2034F) | US$ 140.8 Billion |
South Korea is witnessing major growth in terms of digital transformation. South Korea is expected to become the future hotspot for digital transformation owing to the rising investments in the process and implementation of various favorable policies by the government.
- In July 2021, the Ministry of Science and ICT of South Korea launched the Korean New Deal Comprehensive Plan to aid its advanced digital innovation centered on AI and data. Owing to such initiatives, the digital technologies are gaining significant traction in South Korea.
How is Swift Digital Transformation Benefitting Market Players in Germany?
“Profitable Market for Digital Technology Suppliers”
Germans are well-known as early adopters. The country is at the forefront of innovations. The growing adoption of Industry 4.0 technologies in various sectors is expected to boost the adoption of digital technologies in Germany. The government in Germany is focused on utilizing the full potential of Industry 4.0 to strengthen their manufacturing sector. Smart digital technologies are finding extensive application in numerous German industries.
Category-wise Analysis
Large enterprises are prime adopters of digital technologies and are estimated to hold 58% of the global market share in 2024.
Which Organizations are Key Consumers of Digital Technologies?
“Large Enterprises Widely Adopting Digital Technologies to Stay Ahead In Competition”
| Attribute | Large Enterprises |
|---|---|
| Segment Value (2024E) | US$ 459 Billion |
| Growth Rate (2024 to 2034) | 12% CAGR |
| Projected Value (2034F) | US$ 1425.3 Billion |
Digital technologies are widely adopted by large enterprises. This can be attributed to the increasing need for digitization, ease of implementation, and reducing additional expenses. The numerous benefits digital technologies provide encourage large enterprises to make heavy investments to expand their product portfolios.
Why are Cloud Computing Technologies So Popular?
“Crucial Combination of Generative AI and Cloud Computing”
| Attribute | Cloud Computing |
|---|---|
| Segment Value (2024E) | US$ 237.4 Billion |
| Growth Rate (2024 to 2034) | 12% CAGR |
| Projected Value (2034F) | US$ 739 Billion |
Cloud computing is one of the emerging digital transformation market trend. Since COVID-19 pandemic cloud computing has witnessing an increasing demand and is widely adopted by several organizations. Cloud-based solutions help to store and secure data effectively. Cloud computing also aligns with sustainable practices being a paperless technology.
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Competitive Landscape
Key players in the digital transformation industry are taking various initiatives to transform their business. As the competition is rising, companies are collaborating, partnering, and launching new products to gain a competitive edge.
Some of the recent developments in the industry are :
- In October 2021, Siemens Smart Infrastructure acquired Wattsense, French hardware, and software firm that offers IoT management systems for small mid-sized buildings, bringing Siemens’ building product line to a new stage.
- In August 2021, Kubota Corporation announced a strategic partnership with Accenture to enhance its digital transformation by transforming its business model to contribute to food, environmental, and water solutions. The partnership is likely to offer a platform for Kubota locally and globally by incorporating services that combine the digital technologies of Accenture, comprising AI and the IoT.
Key Segments of Digital Transformation Market Research
-
By Technology :
- Cloud Computing
- Big Data & Analytics
- Mobility/Social Media
- Cybersecurity
- Artificial Intelligence
- Internet of Things
- Others
-
By Deployment :
- Cloud
- On-premise
-
By Organization Size :
- Small & Medium-Sized Enterprises
- Large Enterprises
-
By Vertical :
- BFSI
- Retail & e-Commerce
- IT & Telecom
- Media & Entertainment
- Manufacturing
- Healthcare & Life Sciences
- Education
- Government & Defense
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Organization Size
- 8.1. Small and Medium-sized Enterprises
- 8.2. Large Enterprises
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vertical
- 9.1. BFSI
- 9.2. Retail & eCommerce
- 9.3. IT and Telecom
- 9.4. Media and Entertainment
- 9.5. Manufacturing
- 9.6. Healthcare and Life Sciences
- 9.7. Education
- 9.8. Government and Defense
- 9.9. Others
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Deployment Type
- 10.1. Cloud
- 10.2. On-premises
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Technology
- 11.1. Cloud Computing
- 11.2. Big Data and Analytics
- 11.3. Mobility/Social Media
- 11.4. Cybersecurity
- 11.5. Artificial Intelligence
- 11.6. Internet of Things
- 11.7. Others
- 12. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. Asia Pacific
- 12.5. Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Asia Pacific Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Key Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Microsoft
- 20.2. IBM
- 20.3. SAP
- 20.4. Oracle
- 20.5. Google
- 20.6. Cognizant
- 20.7. HPE
- 20.8. Adobe
- 20.9. Accenture
- 20.10. HCL Technologies
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 02: Global Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 03: Global Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 04: Global Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 05: Global Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 06: Global Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn), By Technology, 2018 to 2023
Table 08: Global Market Value (US$ Mn), By Technology, 2024 to 2034
Table 09: Global Market, By Region, 2018 to 2023
Table 10: Global Market, By Region, 2024 to 2034
Table 11: North America Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 12: North America Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 13: North America Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 14: North America Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 15: North America Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 16: North America Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 17: North America Market Value (US$ Mn), By Technology, 2018 to 2023
Table 18: North America Market Value (US$ Mn), By Technology, 2024 to 2034
Table 19: North America Market, By Country, 2018 to 2023
Table 20: North America Market, By Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 22: Latin America Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 23: Latin America Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 24: Latin America Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn), By Technology, 2018 to 2023
Table 28: Latin America Market Value (US$ Mn), By Technology, 2024 to 2034
Table 29: Latin America Market, By Country, 2018 to 2023
Table 30: Latin America Market, By Country, 2024 to 2034
Table 31: Europe Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 32: Europe Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 33: Europe Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 34: Europe Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 35: Europe Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 36: Europe Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 37: Europe Market Value (US$ Mn), By Technology, 2018 to 2023
Table 38: Europe Market Value (US$ Mn), By Technology, 2024 to 2034
Table 39: Europe Market, By Country, 2018 to 2023
Table 40: Europe Market, By Country, 2024 to 2034
Table 41: Asia Pacific Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 42: Asia Pacific Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 43: Asia Pacific Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 44: Asia Pacific Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 45: Asia Pacific Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 46: Asia Pacific Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 47: Asia Pacific Market Value (US$ Mn), By Technology, 2018 to 2023
Table 48: Asia Pacific Market Value (US$ Mn), By Technology, 2024 to 2034
Table 49: Asia Pacific Market, By Country, 2018 to 2023
Table 50: Asia Pacific Market, By Country, 2024 to 2034
Table 51: MEA Market Value (US$ Mn),By Organization Size, 2018 to 2023
Table 52: MEA Market Value (US$ Mn),By Organization Size, 2024 to 2034
Table 53: MEA Market Value (US$ Mn), By Vertical, 2018 to 2023
Table 54: MEA Market Value (US$ Mn), By Vertical, 2024 to 2034
Table 55: MEA Market Value (US$ Mn), By Deployment Type, 2018 to 2023
Table 56: MEA Market Value (US$ Mn), By Deployment Type, 2024 to 2034
Table 57: MEA Market Value (US$ Mn), By Technology, 2018 to 2023
Table 58: MEA Market Value (US$ Mn), By Technology, 2024 to 2034
Table 59: MEA Market, By Country, 2018 to 2023
Table 60: MEA Market, By Country, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 02: Global Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 03: Global Market Share, By Organization Size, 2024 & 2034
Figure 04: Global Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 05: Global Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 06: Global Market Share, By Vertical, 2024 & 2034
Figure 07: Global Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 08: Global Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 09: Global Market Share, By Technology, 2024 & 2034
Figure 10: Global Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 11: Global Market Attractiveness Index, By Technology – 2024 to 2034
Figure 12: Global Market Share, By Deployment Type, 2024 & 2034
Figure 13: Global Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 14: Global Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 15: Global Market Share, By Region, 2024 & 2034
Figure 16: Global Market Y-o-Y Growth Projections, By Region – 2024 to 2034
Figure 17: Global Market Attractiveness Index, By Region – 2024 to 2034
Figure 18: North America Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 19: North America Market Absolute $ Opportunity Historical (2018 to 2023) and Forecast Period (2024 to 2034), US$ Mn
Figure 20: North America Market Share, By Organization Size, 2024 & 2034
Figure 21: North America Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 22: North America Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 23: North America Market Share, By Vertical, 2024 & 2034
Figure 24: North America Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 25: North America Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 26: North America Market Share, By Technology, 2024 & 2034
Figure 27: North America Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 28: North America Market Attractiveness Index, By Technology – 2024 to 2034
Figure 29: North America Market Share, By Deployment Type, 2024 & 2034
Figure 30: North America Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 31: North America Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 32: North America Market Share, By Country, 2024 & 2034
Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Figure 34: North America Market Attractiveness Index, By Country – 2024 to 2034
Figure 35: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 36: Latin America Market Absolute $ Opportunity Historical (2018 to 2023) and Forecast Period (2024 to 2034), US$ Mn
Figure 37: Latin America Market Share, By Organization Size, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 39: Latin America Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 40: Latin America Market Share, By Vertical, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 42: Latin America Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 43: Latin America Market Share, By Technology, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 45: Latin America Market Attractiveness Index, By Technology – 2024 to 2034
Figure 46: Latin America Market Share, By Deployment Type, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 48: Latin America Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 49: Latin America Market Share, By Country, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Figure 51: Latin America Market Attractiveness Index, By Country – 2024 to 2034
Figure 52: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 53: Europe Market Absolute $ Opportunity Historical (2018 to 2023) and Forecast Period (2024 to 2034), US$ Mn
Figure 54: Europe Market Share, By Organization Size, 2024 & 2034
Figure 55: Europe Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 56: Europe Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 57: Europe Market Share, By Vertical, 2024 & 2034
Figure 58: Europe Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 59: Europe Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 60: Europe Market Share, By Technology, 2024 & 2034
Figure 61: Europe Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 62: Europe Market Attractiveness Index, By Technology – 2024 to 2034
Figure 63: Europe Market Share, By Deployment Type, 2024 & 2034
Figure 64: Europe Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 65: Europe Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 66: Europe Market Share, By Country, 2024 & 2034
Figure 67: Europe Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Figure 68: Europe Market Attractiveness Index, By Country – 2024 to 2034
Figure 69: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 70: MEA Market Absolute $ Opportunity Historical (2018 to 2023) and Forecast Period (2024 to 2034), US$ Mn
Figure 71: MEA Market Share, By Organization Size, 2024 & 2034
Figure 72: MEA Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 73: MEA Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 74: MEA Market Share, By Vertical, 2024 & 2034
Figure 75: MEA Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 76: MEA Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 77: MEA Market Share, By Technology, 2024 & 2034
Figure 78: MEA Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 79: MEA Market Attractiveness Index, By Technology – 2024 to 2034
Figure 80: MEA Market Share, By Deployment Type, 2024 & 2034
Figure 81: MEA Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 82: MEA Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 83: MEA Market Share, By Country, 2024 & 2034
Figure 84: MEA Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Figure 85: MEA Market Attractiveness Index, By Country – 2024 to 2034
Figure 86: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 87: Asia Pacific Market Absolute $ Opportunity Historical (2018 to 2023) and Forecast Period (2024 to 2034), US$ Mn
Figure 88: Asia Pacific Market Share, By Organization Size, 2024 & 2034
Figure 89: Asia Pacific Market Y-o-Y Growth Projections, By Organization Size – 2024 to 2034
Figure 90: Asia Pacific Market Attractiveness Index, By Organization Size – 2024 to 2034
Figure 91: Asia Pacific Market Share, By Vertical, 2024 & 2034
Figure 92: Asia Pacific Market Y-o-Y Growth Projections, By Vertical – 2024 to 2034
Figure 93: Asia Pacific Market Attractiveness Index, By Vertical – 2024 to 2034
Figure 94: Asia Pacific Market Share, By Technology, 2024 & 2034
Figure 95: Asia Pacific Market Y-o-Y Growth Projections, By Technology – 2024 to 2034
Figure 96: Asia Pacific Market Attractiveness Index, By Technology – 2024 to 2034
Figure 97: Asia Pacific Market Share, By Deployment Type, 2024 & 2034
Figure 98: Asia Pacific Market Y-o-Y Growth Projections, By Deployment Type – 2024 to 2034
Figure 99: Asia Pacific Market Attractiveness Index, By Deployment Type – 2024 to 2034
Figure 100: Asia Pacific Market Share, By Country, 2024 & 2034
Figure 101: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Figure 102: Asia Pacific Market Attractiveness Index, By Country – 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current digital transformation market size?
The global digital transformation market is calculated at US$ 791.4 billion for 2034.
What are the future projections for digital technologies?
The market for digital transformation is projected to register a CAGR of 12.8% through 2034.
What is the forecasted market value for 2034?
Sales of digital transformation technologies are projected to reach US$ 2,639.4 billion by 2034.
What is the digital transformation market size in South Korea?
The South Korea market is estimated at US$ 39.4 billion in 2024.
What are the main 5 areas of digital transformation?
Process automation & optimization, employee empowerment & engagement, business model transformation, digital product & service innovation, & customer experience.
How fast is the demand for cloud computing increasing?
Demand for cloud computing is foreseen to rise at a CAGR of 12% during the next 10 years.
Digital Transformation Market